Deal #1083

Location #1

Spatial accuracy level
Administrative region
Location
Nazca, Perú

Target country
Peru
Comment on location
Ica, Nazca Province

Land area

Intended size (in ha)
15000
Size under contract (leased or purchased area, in ha)
[2011] 14382
Comment on land area
Mid 2011, Bio Agro Heaven del Sur was concluding the purchase of 15 000 ha. The project is to plant 50 000 ha of jatropha in the region of Ica (Pampa de Huayuri, Pampa Las Mesas, Pampa Gamonal) to supply a biodiesel plant (located in Lurin, near Lima).

Intention of investment

Intention of investment
Biofuels

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2011] Concluded (Contract signed)
Comment on negotiation status
The purchase of land by the company yet is investigated, because these lands were acquired of dubious form.

Implementation status

Implementation status
[2012] Startup phase (no production)
Comment on implementation status
An investment of US$ 186 millions over 10 years is planed. The same time will be necessary to reach 50 000 ha of jatropha. Now, 100 or 200 ha could have been planted as nursery stock.

Operating company

Comment on investment chain
Bio Agro Heaven del Sur is a part of the holding Heaven Petroleum Operators (HPO). HPO is part of Herco Group. Herco is a Fuel Company

 

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Data source #1

Data source type
Research Paper / Policy Report
Date
2011-01-01
Comment on data source
The process of land concentration in Peru

Data source #2

Data source type
Media report
File
Date
2011-01-01

Data source #3

Data source type
Media report
File
Date
2011-01-01

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Media report
File

Data source #6

Data source type
Media report
File

Data source #7

Data source type
Media report
File

Data source #8

Data source type
Government sources
File

Data source #9

Data source type
Government sources
File

Former land owner (not by constitution)

Former land owner
State

Detailed crop, animal and mineral information

Crops area
Jatropha

Water extraction envisaged

Water extraction envisaged
No

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: Issue with size. Comment from Oxfam staff: calvareza: is not clear. Checking on different webs (news)the company is in the purchase process of 14000has, and will start producing on 5000has modules

April 12, 2016, 6:32 p.m.

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Feb. 17, 2016, 10:43 p.m.

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March 7, 2013, 7:47 p.m.

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Feb. 15, 2013, 5:01 p.m.

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